Business Strategy And Execution In 2021 -- TTG160

Business Owners & Entrepreneurs Podcast with Peter Boolkah | Business Coach | The Transition Guy®

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As we move into the new year, it’s important to understand the difference between strategy and execution. Many companies have well-crafted strategies, but unless their people learn how to execute a plan, nothing will come to fruition.
This is the primary reason why so many companies out there are failing to execute their plans. At the end of the day, having a strategy is great; but getting people to implement it is something entirely different.
Business plans are all about growing the company and creating lofty goals. But is your team equipped to execute a plan that is truly ambitious? Strategy and execution need to go hand in hand, otherwise you go nowhere.
Why are people a point of failure for so many businesses? To use a football analogy, there was a lower division team that was recently moved up. However, after one season they were relegated back down. The problem was that they didn’t have the substitutes to sustain a high level of performance throughout the season.
When it comes to a strategic plan, people often come in with energy. But over time the company starts to regress back to where it started because the team doesn’t step up.
Find out who on your team wants to learn, grow, develop, and deliver fantastic results. These are the people you need to mentor.
When you have a team that’s able to execute a plan effectively, you’ll have a much easier time achieving the results you want. Make strategy and execution a key part of your success in 2021.

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ABOUT PETER BOOLKAH
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Peter Boolkah (AKA The Transition Guy) is the World’s #1 Business Transition Coach whose main passion in life is to work with talented and high performing business owners who are in the process of creating exciting, high growth businesses.
Peter helps you to navigate and transition through the crucial growth pains that all growing businesses experience making it as painless and exciting as possible.
It is important to remember that businesses do not just grow and develop on their own, it is up to us and our teams to make this happen by making every day purposeful.
As businesses grow some parts of the journey will be easier than others and most owners do not have all the answers. Starting a business is one of the most exciting things we get to do and we all have aspirations of achieving great things. In fact Peter is yet to meet someone who started a business with the intention of failing.
Peter’s ultimate life goal is to inspire and empower over 100,000 Entrepreneurs to create long term thriving businesses resulting in the creation of 1,000,000 jobs.
So if you are scaling up your business, you’re in a bu...